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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: Yaacov who wrote (39750)12/27/2000 1:01:03 PM
From: Mephisto  Read Replies (1) | Respond to of 64865
 
I think US rates will come down as long as George Bush doesn't cut taxes drastically. If he offers up a big tax cut, I believe Greenspan will keep rates high, maybe not as high as they are now. I don't know, but I can see problems between Greenspan and Bush.

CSCO is good company. Do you invest in many American companies?

I think the selling on the Nasdaq is overdone. People freaked out for numerous reasons: lack of market experience, Presidential election paralyzed many investors, the drop in PC sales. And Motorola and Lucent always make less money than Wall Street likes so that drives down the Nasdaq as well.

But Oracle's earnings increased more than 60%!!! So there are companies out there that are doing quite well.

I think Sun will do well. I haven't heard any negative comments from management. Have you?

Cheers,

Mephisto